It is widely agreed that brilliant startups from Europe’s smaller countries should consider moving to London or San Francisco for better chances of growth and funding. The reason is quite simple; home markets are so small that catering to a population of a couple of million, maximum, would grow their companies to nothing larger a moderately successful and profitable local bakery. So they need to go global, and to go global, they need to pitch to international players in the VC arena. Thankfully, these VCs and Angels are people who never tire of touring the world to find the next Skype or Spotify to bet their cash on.
This is, presumably, why the LOGIN Tech Conference held every year in Vilnius, Lithuania, has experienced tremendous growth in the number of participants and visitors, most of whom are from the US and West Europe. Last year the conference attracted more than 3,500 visitors who came to listen to 80 speakers and mingle with one another.
Representatives of 12 VC funds from Europe and the US were there to have a serious look at the Startup Fair, hosting 22 startup stands, and to watch 20 startups pitch on stage. This year’s fair will be held on 10-11 April in Vilnius. Our friends from the organizing committee say they will again host big-shots that include StartupBootCamp, Oxygen, Startup Sauna and 14 VC funds (not least EarlyBird, Intel Capital, Wellington Partners).
LOGIN Startup Fair and Pitch Challenge will take place for the second year in a row under the sponsorship of Enterprise Lithuania. So if you need some fresh business air and want to meet ‘young hippies that are hungry to change the world’ as Mike Butcher put it, please proceed here to start your registration process.